Over the past decade, as crops have failed year after year, 200,000 farmers have killed themselves Naryamaswamy Naik went to the cupboard and took out a tin of pesticide. Then he stood before his wife and children and drank it. "I don't know how much he had borrowed. I asked him, but he wouldn't say," Sugali Nagamma said, her tiny grandson playing at her feet. "I'd tell him: don't worry, we...
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No relief from high food prices in New Year by Gargi Parsai
If dal roti went out of reach for the aam admi in 2009, vegetables and onion prices brought tears towards the end of 2010 and with food inflation touching a high of 14.44 per cent for the week ending December 18, the New Year did not ring in any respite from high food prices. The sudden increase of Rs.3 per litre in the price of petrol in December — the sixth...
More »Rains drown India’s crop estimates, stoke inflation by S Sujatha & Jayashree Bhosale
From onions, sugar and coconuts, to tea, pulses, rice and spices, all kitchen ingredients will remain expensive in the New Year as unseasonal rains beyond the monsoon wipe out India’s major crops. Worse, rains are hampering the sowing of winter wheat, coarse grains and oilseeds, putting further pressure on food inflation that touched a two-and-a-half month high at 14.44% on Thursday. Across the country, farmers are helplessly watching their fields turn into...
More »Centre releases extra foodgrains for PDS by Gargi Parsai
This allocation is in addition to 25 lakh tonnes of grains released for BPL population in August Ban on export of pulses and permission to import pulses at zero duty to continue till March 2012 The Centre on Tuesday announced an additional allocation of five million tonnes of wheat and rice to States for distribution to the Below Poverty Line (BPL) and Above Poverty Line (APL) beneficiaries through the Targeted Public Distribution...
More »Grain for states
The Centre has given the states another 50 lakh tonnes of wheat and rice stocks, half of which will be sold to the poor at subsidised rates as food prices continue their steep climb. An empowered group of ministers (EGoM), headed by finance minister Pranab Mukherjee, also decided to extend the ban on pulses exports and allow duty-free imports of pulses till March 2012. “In today’s EGoM meeting, it was decided to...
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